Get Approved at The Lowest Rate
Navigating the process of buying a new home in Carlotta, CA while selling your current one can be challenging. Horizon Lending Services' Bridge Loan program provides an ideal solution for a smooth transition, especially in today's competitive market where contingency offers are frequently not accepted.
Start by listing your current home for sale in Carlotta, CA or getting it ready for the market.
Identify the new home you want to buy in Carlotta, CA, make an offer, and reach an agreement with the seller. You can then proceed with the purchase using our bridge loan.
Our bridge loan program in Carlotta, CA often does not require a down payment, freeing you from the need to come up with additional funds.
After your current home sells, we use the profits in Carlotta, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Carlotta, CA. You can choose to roll in all closing costs during this process, potentially requiring no money at the closing table.
Many of our bridge loans in Carlotta, CA do not require a down payment, making it easier for you to transition to your new home.
You don’t need to qualify for both mortgage payments simultaneously.
Bridge loan payments in Carlotta, CA may be deferred, meaning no payments are due while you are using the bridge loan.
You can pay off the bridge loan early without any penalties.
Our bridge loan in Carlotta, CA provides the financial flexibility and convenience you need to buy a new home without waiting for your current home to sell, avoiding the hassle of managing two mortgages or making contingent offers. We handle the details, ensuring a seamless transition from your bridge loan in Carlotta, CA to permanent mortgage financing, making the process as smooth as possible for you.
Ready to make your move? Contact us today to get started!
Bridge loans in Carlotta, California offer a flexible financing option for homeowners looking to purchase a new home before selling their current one. This type of loan can help bridge the financial gap between the sale of your existing home and the purchase of a new one, providing immediate funds for a down payment or closing costs. Located in Humboldt County, Carlotta is a small community with a population of around 300 residents. The area boasts a rural charm, surrounded by lush forests and scenic landscapes. Demographically, Carlotta has a diverse population with a mix of families, retirees, and young professionals. The housing market in Carlotta offers a mix of single-family homes, ranch properties, and vacant land for sale. With the median home price being lower than the state average, Carlotta presents affordable housing options for buyers. Bridge loans can help expedite the buying process in a competitive market like Carlotta's, giving borrowers an edge in securing their dream home. Carlotta is known for its proximity to outdoor attractions such as the Avenue of the Giants, a scenic drive through towering redwood trees, and the Eel River, a popular spot for fishing and kayaking. Residents can enjoy the peaceful surroundings while still being within driving distance of larger cities like Eureka and Arcata.
Benefits of Bridge Loans in Carlotta, California
